Common use of ASSIGNMENT OF THE TECHNOLOGY Clause in Contracts

ASSIGNMENT OF THE TECHNOLOGY. 9.1 The University and the Authors acknowledge and agree that should the University determine that the most effective manner in which to commercialize the SOFTWARE, and any associated OTHER SOFTWARE, is by way of sale or assignment to one or more third parties, whether persons or incorporated companies, the University, following reasonable consultation with the Authors’ designate, noted in Article 11 - Notice, shall be free to enter into such sale or assignment and the Authors shall co-operate in full to effect such sale or assignment or waiver of moral rights, and the University may negotiate such compensation that it may determine to be appropriate in the circumstances including one or more or all of the following: (i) Repayment of all outstanding Direct Costs. (ii) A sum of money, equity securities or other real or personal property which shall be shared between the Authors and the University as described in Article 7 of this Agreement.

ASSIGNMENT OF THE TECHNOLOGY. 9.1 The University and the Authors acknowledge and agree that should the University determine that the most effective manner in which to commercialize the SOFTWARECOPYRIGHT MATERIAL, and any associated OTHER SOFTWAREother COPYRIGHT MATERIAL, is by way of sale or assignment to one or more third parties, whether persons or incorporated companies, the University, following reasonable consultation with the Authors’ designate, noted in Article 11 - Notice, shall be free to enter into such sale or assignment and the Authors shall co-operate in full to effect such sale or assignment or waiver of moral rights, and the University may negotiate such compensation that it may determine to be appropriate in the circumstances including one or more or all of the following: (i) Repayment of all outstanding Direct Costs. (ii) A sum of money, equity securities or other real or personal property which shall be shared between the Authors and the University as described in Article 7 of this Agreement.

ASSIGNMENT OF THE TECHNOLOGY. 9.1 The University and the Authors acknowledge and agree that should the University determine that the most effective manner in which to commercialize the SOFTWARE, and any associated OTHER SOFTWARE, is by way of sale or assignment to one or more third parties, whether persons or incorporated companies, the University, following reasonable consultation with the Authors’ designate, noted in Article 11 - Notice, shall be free to enter into such sale or assignment and the Authors shall co-operate in full to effect such sale or assignment or waiver of moral rights, and the University may negotiate such compensation that it may determine to be appropriate in the circumstances including one or more or all of the following: (i) Repayment of all outstanding Direct Costs. (ii) A sum of money, equity securities or other real or personal property which shall be shared between the Authors and the University as described in Article 7 of this Agreement.